Anyone want to join me? Awaiting Mortgage decision...

joanne95

joanne95 wrote: »

Thought I'd join you

I reserved a new build in February with an expected exchange date of 31st May (completion mid August)
I contacted broker at L&C on 2nd April and they messed me around for a month so I cancelled with them
Spoke to a local recommended broker on Friday 4th May
AIP with Principality - hard search showing on credit report on 4th May
Full application submitted to Principality on 10th May
All documents submitted to broker except for gifted deposit letter as he needs to check with lender what they require in the letter.

Now to wait....

UPDATE: Telephone call from broker to say our mortgage has been approved and the offer issued :j:j

There was a slight delay due to an issue with figures on self assessment accounts, but Principality just asked for an accountants certificate instead. Once they received that they issued the offer. Just waiting for the offer in writing now

jedthehumanoid

We can finally, tentatively join this thread. Our previous credit history isn't great but fingers crossed that our broker knows his onions...


15/03 Initial chat with Natwest, AIP given with soft search.
30/03 Issues on credit reports shown to Natwest, new AIP given.
15/04 Contacted broker as did not believe Natwest would accept our full application, they agreed
16/04 Begin house hunting in earnest
21/05 Initial offer made, rejected 24/05
24/05 Second and final offer made
25/05 Offer accepted
25/05 Back to broker to discuss options
31/05 AIP referred with Principality, as expected with previous credit issues declared (not a straight decline, woop!)
31/05 Progressed to full application with Principality


Nervously waiting now. Did not expect to be at this point as soon as we are - prepared for another 12 months wait at least.

TamsinC

TamsinC wrote: »

May as well join in with this one too

18/5 Offered accepted on house - a complicated one as it has an annex with a kitchen
19/5 Broker instructed and all possible paperwork sent over
25/5 DIP from Sainsbury's

31/5/18 Application done (the bank holiday, problems with solicitors etc - who know they had to be on a 'panel' to deal with a particular mortgage company.)

dpowell3

18/05/2018 - Application submitted with NatWest
21/05/2018 - Valuation fee taken from my account
22/05/2018 - L&G called for sellers phone number to arrange valuation
22/05/2018 - Seller text me to say valuation is booked for tomorrow
23/05/2018 - Valuation Done
25/05/2018 - Lender said they would only lend 85% (95% needed)
26/05/2018 - Further payslips sent to lender
31/05/2018 - Offer Accepted!

Time for the legal work thanks all this board really helped to ease the stress...wishing you all the best of luck!!

dpowell3

BabyDaisy15 wrote: »

16/05 - DIP submitted and accepted by Natwest
17/05 - Application submitted by broker to Natwest
21/05 - Valuation fee taken
24/05 - Valuation booked for 31/05

Does anyone know whether the valuation is booked even if you haven't passed affordability? That's the bit we're worried about.

dpowell3 how are you getting on?

Offer accepted this afternoon. NatWest took my valuation fee and did the valuation itself before they had even assessed the application which I think is what they do on every case. I’ve read somewhere that if it gets rejected you get a partial refund of the cost.

Keep me posted I’m sending all the luck I can to you!!

Lonire

Hi all,

Been reading all the helpful posts and wishing you all the best. I am a FTB have been going through the application process since beginning of May and finally got application approved today. Now waiting on the offer letter. Cannot wait to get it. It has been a little bit nerve-wracking gathering the information etc.

Fingers crossed the rest of the legal side and completion goes according to plan.

Exciting!

Good luck everyone

BabyDaisy15

16/05 - DIP submitted and accepted by Natwest
17/05 - Application submitted by broker to Natwest
21/05 - Valuation fee taken
24/05 - Valuation booked for 31/05
31/05 - Valuation completed
01/06 - Valuation received by NatWest. Broker advised 3-5 working days to assess

God I am hoping to hear some good news end of next week!

BabyDaisy15

dpowell3 wrote: »

18/05/2018 - Application submitted with NatWest
21/05/2018 - Valuation fee taken from my account
22/05/2018 - L&G called for sellers phone number to arrange valuation
22/05/2018 - Seller text me to say valuation is booked for tomorrow
23/05/2018 - Valuation Done
25/05/2018 - Lender said they would only lend 85% (95% needed)
26/05/2018 - Further payslips sent to lender
31/05/2018 - Offer Accepted!

Time for the legal work thanks all this board really helped to ease the stress...wishing you all the best of luck!!

Congrats! So pleased for you. The worst is out of the way!

Lonire

Was hopeful offer letter would be in the post today.. unfortunately it wasn’t boo!

Hopefully I get it Monday )

Mrsbase

We finally received our mortgage offer!!! Yay!!

Little miffed though as nationwide have put a clause to pay off credit cards, one (the big one with £3750) has already been paid and proof sent to them, the other is mine which currently has £300 on it as it!!!8217;s out spender card, a club card credit card we use to gain more club card points etc! We clear it at the end of every month!